Who is Jack Ma, the founder of Alibaba?
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| Jack Ma |
The richest man in China is among the 21 richest people within the world with an estimated wealth of $ 39 billion.
Jack MA, founding father of Alibaba, the most important import and export platform within the world, and one among the foremost important pioneers of e-commerce and business within the world after its first founder, Jeff Bezos, founding father of the Amazon site.
The primary to truly enter the web within the country of China, was ranked by Forbes magazine because the most important person within the world for the year 2017, the richest man in China and her business ambassador to varied countries of the planet .
Who is Jack Ma, what are his most notable accomplishments, and the way much is his fortune? what's his future vision for the planet of technology and business? What are his most famous sayings? we'll study this together through these next lines.
- Birth and upbringing
" Jack Ma has failed four-year college entrance exams "
Jack Ma was born in 1964 in Hangzhou, China, enrolled in its schools and taught English more intensively than other subjects.
Even when he reached the age of youth he was helping foreign tourists on their city tours to develop his English skills, and one among the tourists had given him the name Jack to seek out it difficult to pronounce his real Chinese name Yun Ma.
He was unable to attend university due to his repeated failure to pass the qualifying exams for four consecutive years, because these exams were held once per annum , and he tried to hitch the Harvard graduate school and was refused ten times during a row.
He decided to hitch the Teaching Institute to concentrate on teaching English, and graduated from him in 1988 to start his career in teaching English language and international trade a university in his province.
- His start in business
" 24 candidates applied for the work , 23 were admitted and therefore the just one was rejected "
Jack decided what changed his career from teaching to trying to find another job that might be the start of his entry into the business world, so he applied for employment within the police and was rejected, and he was explicitly told 'you are bad'.
He then applied to figure at KFC when it had been opened in his district and he was among 24 candidates who were all accepted and therefore the just one who was rejected, then he was excluded whenever he applied for employment .
Jack heard what was called 'the Internet' when he was a replacement term on hearing, and he traveled to the us on a mission together with his friends and there he need to know the web more closely within the country of origin of technology.
What pushed him towards the web field was the shortage of data about his country via the web . When he wrote the word 'China' he didn't find any information to say , he decided upon his return to China to make an introductory site about his country with the assistance of 1 of his friends within the us .
and therefore the offers started from the primary day that it had been heaped upon due to this site that seemed so ugly, and he aspired to enter the web everywhere China, so he established an internet site design company called China Pages.
Jack, his wife, and his friend raised twenty thousand dollars in support from the investors who began to rally around his internet-related projects, which company won nearly eight hundred thousand dollars within the first three years of its establishment in 1995.
In 1998, Jack Ma presided over a Chinese technology company belonging to the Chinese Ministry of Foreign Trade. That was his first management position within the business field, but he left that position in 1999, one year later, returning together with his team to his hometown Guangzhou.
- Founding the Alibaba site
Alibaba started from his home with 12 friends" with none foreign investment "
Immediately after Jack returned to his hometown together with his favorite technical team, the thought of Alibaba began to spin in his mind, and with about 12 of his friends from his home he started building the most important e-commerce platform within the B2B world in 1999 with none foreign investment.
Alibaba.com site has gradually grown to draw in many dollars in investments during a short period. Today, the worth of Alibaba site exceeds the worth of Facebook, for instance , until it reached nearly twenty five billion dollars.
There are many companies on the Alibaba website, through which billions of dollars of economic operations are administered , and it's one among the most important projects contributing to the expansion of the Chinese economy and providing many jobs to the Chinese.
Jack Ma is today the richest man in China and among the 21 richest men within the world with an estimated wealth of $ 39 billion, and has many other successful companies like Ali Express and Taobao and Alipay Bank the foremost famous online bank in China and Southeast Asia .
Jack Ma has held political positions, including membership of the ruling Communist Party and China's commercial ambassador, and features a charitable organization in his name whose primary goal is that the development of the education system in China.
He has resigned from the position of CEO of the Alibaba Group to devote himself to charitable and development work, and to implement his future visions for the event of his country generally.
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Video: who is jack Ma ? Founder of Alibaba site
Despite his superiority within the field of the web , he didn't write one code within the languages of the web in his life, and in spite of his superiority within the field of international trade, he never sold a product to a client, and eventually one among his most famous sayings:
1- the foremost important thing you ought to have is patience.
2- you want to learn from your competitors but not copy their actions. If you copy what your competitors do, you'll die.
3- We don't lack money, but we lack people with dreams that they will die for.
4- Forget your competition and specialise in your customers.
5- Success and profits come from that specialize in customers and employees, not goals.
- Sources:
1 - Wikipedia 2- google 3- Forbes 4- Gekoandfly
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